New housing model as an anti-recessionary measure
O.E. Bessonova (beol@mail.nsk.ru )
Journal "Region: Economics and Sociology", 2010, vol. 2
Abstract:
Most experts explain a drastic change in Russian housing policy, implying a higher role of government bodies, by the world financial crisis. This change took place first and foremost, as we prove here, due to the fact that the buying power of groups with unmet housing needs had exhausted. The crisis just precipitated and intensified the transition to a new housing model by the government, which we consider - in the context of the theory of a planned distributive economy - as a natural phenomenon. The paper also describes some anti-recessionary housing programs as well as the key problems which the housing and utilities infrastructure faces.
Keywords: housing model; planned distributive economy; social and public mortgage; anti-recessionary mechanisms; management companies (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2010-2_12
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